{"id":3806,"date":"2025-02-26T14:33:57","date_gmt":"2025-02-26T19:33:57","guid":{"rendered":"https:\/\/www.rochester.edu\/endowment\/?page_id=3806"},"modified":"2025-02-26T14:33:57","modified_gmt":"2025-02-26T19:33:57","slug":"fiscal-2006-report","status":"publish","type":"page","link":"https:\/\/www.rochester.edu\/endowment\/fiscal-2006-report\/","title":{"rendered":"Fiscal 2006 Report"},"content":{"rendered":"

Investment Performance Commentary for the Year Ending June 30, 2006<\/h2>\n

Rochester\u2019s net return for the fiscal year ending June 30, 2006 was approximately 14.0%, substantially above the 8.0% goal contained in the University\u2019s financial plan. It is above the benchmark return of 10.9% (comprised of 60% Wilshire 5000, 20% Lehman Aggregate and 20% EAFE).<\/p>\n

The endowment value at the end of the fiscal year was approximately $1.52 billion, roughly $135 million above the reported value at the beginning of the year. The change in endowment value was attributable to investment returns of $189 million, gifts and additions of $31 million and spending and withdrawals of $85 million. Rochester\u2019s five-year average annual return through June 30, 2006 is 8.5% vs. 5.6% for the benchmark. The ten-year average annual return through June 30, 2005 is 10.9% vs. 7.8% for the benchmark.<\/p>\n

Asset Allocation and Performance<\/h3>\n

Major asset classes generated the following performances in fiscal year 2006:<\/p>\n